STAFF NEWS & ANALYSIS

As Investors Look for a Safe Haven, Either the Dollar or Gold Could Surge

By Daily Bell Staff – June 27, 2016

Gold faces own headwinds after Brexit shock …  Analysts question whether bullion can rise further after solid gains already this year … As the UK voted to leave the EU, the only people celebrating more than Brexit politicians were a clutch of small brokerages that benefit when the world gets a little more volatile: bullion dealers that offer gold coins and bars to retail investors. –Financial Times

FT has reported on the increased interest in gold following Brexit but there are differing opinions regarding how it will do for the rest of 2016.

The paper quotes Helima Croft, head of commodity strategy at RBC Capital Markets, as follows:

“We believe that there remains limited price upside for gold from